Salem

Oil & Gas Property in Washington County, TX

Property Summary

Key data points for Salem

CountyWashington County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesJan 1999 - Jan 2025
Total Oil Production8 BBLs
Total Gas Production3,885,360 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production520 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Salem

ShaleAssessment

$374 *

MarketMultiple

$807 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Salem Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Salem
from Jan 1999 to Jan 2025

Wells on Salem

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-477-30871SALEM 1HMAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.131051-96.411078
42-477-30878SALEM 2HMAGNOLIA OIL & GAS OPERATING LLCProducingWashington County, TX30.131051-96.411356

Leases included in Salem

Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-173293SALEM 1HMAGNOLIA OIL & GAS OPERATING LLCWashington County, TX
03-179768SALEM 2HMAGNOLIA OIL & GAS OPERATING LLCWashington County, TX

Nearby Properties

These are the closest 20 properties to the Salem property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arriola OakvilleAustin County, TX0 BBLs0 MCFApr 2018
Bluebell UnitWashington County, TX0 BBLs2,252 MCFJan 2025
Brenham Dome UnitWashington County, TX0 BBLs5,599 MCFJan 2025
BrownWashington County, TX0 BBLs2,909 MCFJan 2025
CarmonaWashington County, TX1 BBLs18,266 MCFJan 2025
Cobb UnitWashington County, TX2 BBLs7,968 MCFJan 2025
Dierking UnitAustin County, TX1 BBLs14,730 MCFJan 2025
Eberle UnitWashington County, TX1 BBLs11,982 MCFJan 2025
Emma Bell UnitWashington County, TX0 BBLs12,807 MCFJan 2025
Goldberg UnitAustin County, TX0 BBLs5,107 MCFJan 2025
HahnWashington County, TX0 BBLs2,256 MCFJan 2025
HermannWashington County, TX0 BBLs1,279 MCFJan 2025
Jarmon UnitWashington County, TX0 BBLs6,247 MCFJan 2025
Jaster Unit 1Washington County, TX1 BBLs7,706 MCFJan 2025
Neumann UnitWashington County, TX1 BBLs14,213 MCFJan 2025
Omalley 1Washington County, TX0 BBLs464 MCFJan 2025
Pearlie Mae UnitAustin County, TX0 BBLs1,308 MCFJan 2025
Rains Trust UnitAustin County, TX0 BBLs2,466 MCFJan 2025
TiemannWashington County, TX1 BBLs15,178 MCFJan 2025
WeissWashington County, TX0 BBLs6,260 MCFJan 2025

Owners of Salem

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL&GAS OPERATING LLCSALEM 2-HMAGNOLIA OIL & GAS OPE
2024MAGNOLIA OIL&GAS OPERATING LLCSALEM OLMAGNOLIA OIL & GAS OPE
2024FLEMING FREDERIC A JRSALEM 2-HMAGNOLIA OIL & GAS OPE
2024WEIGE MILDRED RSALEM OLMAGNOLIA OIL & GAS OPE
2024DRAEHN ROYCE A & HILEESALEM 2-HMAGNOLIA OIL & GAS OPE
2024RINN FLORENCE MAE & LEELAND RSALEM OLMAGNOLIA OIL & GAS OPE
2024LEWIS TOMMY W & ELIZABETH MSALEM OLMAGNOLIA OIL & GAS OPE
2024HUESKE MILTON FRED & LINDASALEM OLMAGNOLIA OIL & GAS OPE
Displaying 8 of 173 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Salem

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-173293SALEM 1HSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HSep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HAug 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HJul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HJun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HMay 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HApr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HMar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HJan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HDec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HNov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-179768SALEM 2HOct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-173293SALEM 1HSep 2023MAGNOLIA OIL & GAS OPERATING LLC